‘We are the market leaders with 27% to 28% market share which means every fourth truck in India has Apollo tyres. The new outlet will provide quality retreading service to truck-bus customers and fleet owners, these branded outlets are equipped with most advanced retreading machines, high quality tread material and trained workers’, said Dasani.

Talking to the media after the inauguration, Dasani said, ‘We are targeting the hilly areas as the truck tyres deteriorates early in these regions and we plan to open outlets in Guwahati, Aizol, Gangtok, Cuttack, Ranchi, Barbil and others places. Seeing the demand for quality retread, which is not widely available in the country, the company is targeting to have 20 branded retread outlets by the end of this fiscal for a pan-India presence and one outlet in each state of the country,” he added.

He further informed that as a dominant player in the commercial vehicle segment, especially in India, Apollo Tyres is committed to providing 360 degree solution to the customers, which includes retreading as well, to enhance the tyre life of the end-user.

The increase in usage of radial tyres in the truck-bus segment, has increased the potential for retreading, and thereby the need for more such quality retreading outlets to service the customers.

All truck-bus radials are capable of multiple retreads due to the strong carcass, and each retread costs only 25-27% of the cost of a new tyre, while providing nearly 90% of the mileage of a new tyre.

The Retreading Industry in India is gradually getting more and more organized. The customers are opting for multiple retreads on their tyres, and prefer the same to be done by the tyre manufacturers, instead of unorganized players.

With heavy movement of commercial vehicles, especially trailers, due to the presence of companies like Tata Steel and Tata Motors, in addition to various other smaller industries, in Jamshedpur, the city has a huge potential for quality retreading of tyres, informed a company official.